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by rajman187 1424 days ago
A very similarly named startup that seeks to help college students find their first opportunities

https://www.crunchbase.com/organization/handshake-2

Meanwhile, the claims on this website:

> Email became Gmail, usenet became reddit, blog replies became facebook and Medium, pingbacks became twitter, squid became Cloudflare, even gnutella became The Pirate Bay

While not even accurate, these centralized services became popular and synonymous with their underlyings due to convenience and benefits (eg gmail offering massive storage when it first rolled out; FB deploying its newsfeed which other social media platforms didn’t have at the time; etc)

> True decentralization, no official singular Foundation, Committee, Corporation, or entities in permanent unitary control of the protocol.

And what happens when something inevitably goes wrong without any kind of oversight? Who can course-correct if it has succumbed to say a 51% attack

> Economic incentives enable decentralized agreements to form via a transparent name auction process.

And so beholden to the same hyperfinancialization principles we see now—bid higher to get your blocks mined quicker. Not to mention the 700% spike in fees we saw not long ago.

Add in proof of work and you’ve now got potentially very long waiting times as well, further incentivizing the pay for speed mentality

1 comments

Mostly just shows that open systems require more resources to develop at as rapid a pace as closed systems.

Email/Usenet were fossilised the day they were born pretty much, we're still living with stupid fixed width lines of text in 2022, people just gave up on replying correctly, and no one could fix usenet spam.

Web apps have instant new version deployment, but are centralised, automatically updating docker containers are probably a half decent solution to a federated network.

The most popular website creation system is Wordpress though, that's mostly open and decentralised